Colorado Billionaire To Add 'Hedgie' To Resume

Jan 26 2006 | 8:41pm ET

Thirty-year-old entrepreneur Jared Polis, who has been called one of the richest young Americans, is reportedly readying to launch his own hedge fund. According to an article in the Rocky Mountain News, Polis, along with Joel Citron, expect to launch the fund in the second quarter with $100-200 million in assets under management.

Polis’ office referred phone calls to Citron, who declined to comment on the new venture.

Colorado-native Polis recently sold online retailer Provide Commerce, formerly known as ProFlowers.com, to Liberty Media for $477 million. In 1999, he sold online greeting card publisher BlueMountain.com to Exite@Home for $780 million. 


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...